Topic: Don't HODL!!! - page 5. (Read 5864 times)
This is nonsense. Bitcoin was designed to be used however the fuck you want to use it. Want to use it as a regular currency to buy stuff? cool. Want to hold for 10 years and retire? cool. Everything is a legitimate use, no one can tell you what to do with your money.
well if this really works this way, why don't you open 2 wallets and just transfer the money 9999x times per day.. lol...
bunch of **** I just read..
like everything in the world, powerful people with big btc balances are controlling the coin... now banks started to do this too.. 1 bank from croatia just bought 1 million of $ in bitcoins... so stop writing nonsense..
bunch of **** I just read..
like everything in the world, powerful people with big btc balances are controlling the coin... now banks started to do this too.. 1 bank from croatia just bought 1 million of $ in bitcoins... so stop writing nonsense..
How about a balanced approach? SAve some, spend some!
Some times, I think we should hold some and use some coins. Some times, I think we hold a small amount, trade and use most. Trading some coin is to make sure there is enough supply, so the coin price is not so volatile.
People who hodl are worried which does not improve the situation.
Spedn is the obvious thing to do right now. Price wise it is fairly low so do it until the rift happens near the end of the year.
Spedn is the obvious thing to do right now. Price wise it is fairly low so do it until the rift happens near the end of the year.
Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.
No. HODL is a little bit better than spend right now. Price better reacts to HODL and that's what Bitcoin needs now, greater price, to be widely adopted and to be used as a storage of value which is the most important function.
Just shocking - the number of idiots around here. Shocking.
If the price of bitcoin is .00001/$ it works great. If the price is 10000/$ it also works great. The functionality is neither increased nor decrease via its price. Price only helps the speculators who want to realized unearned benefit.
Spedning keeps the merchants interested and advances the ecosystem. Hodling does nothing at all. HODL is dumb.
Use Bitcoin. If you don't USE Bitcoin, it won't be useful. If it is not useful, it will go away. Get it? It doesn't take a genius.
Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.
No. HODL is a little bit better than spend right now. Price better reacts to HODL and that's what Bitcoin needs now, greater price, to be widely adopted and to be used as a storage of value which is the most important function.
W.t.f. are you talking about? The more you hodl now, the higher the prize will go in the future. It is all the spending that is killing the coin
Here we see a wild Bitcoiner who has no idea how activity in the Bitcoin ecosystem works.
Bitcoin doesn't mean anything if the coin is dead with no demand because no-one uses it. Spending doesn't even lower the price either unless it's instantly converted to BTC - which happens, but not always. Which isn't even that bad, it still benefits the Bitcoin ecosystem.
Just sit aside a small percentage of your coins to spend and hodl the rest.
Bitcoin is a cryptocurrency, for god's sake. It's designed to be spent and used for trade, not for you to try to make money.
holding and buying is the best you can do to help bitcoin, there is no need to use it if you're not happy with its price
simply holding i agree it's bad, but if you also buy, you help the market to grow, and you remove power from fiat
simply holding i agree it's bad, but if you also buy, you help the market to grow, and you remove power from fiat
For optimal win, spend during periods where it goes up in price (like now), then buy and hold when it goes down. Too much holding or too much spending results in fail.
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Because the possible tremendous upside in future BTC price, I like to HODL much of my BTC.
But, I SPEDN where I can! It is fairly hard to find retailers (NONE close to where I live), but there are online sellers of GOLD, and buying gold can use a fair number of BTC.
I like the above suggestions of topping off holdings of BTC after spending, I have been doing so.
I see nothing wrong with holding Bitcoin though.
Because the possible tremendous upside in future BTC price, I like to HODL much of my BTC.
But, I SPEDN where I can! It is fairly hard to find retailers (NONE close to where I live), but there are online sellers of GOLD, and buying gold can use a fair number of BTC.
I like the above suggestions of topping off holdings of BTC after spending, I have been doing so.
I see nothing wrong with holding Bitcoin though.
Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.
Mate you are making some mistakes here. Bitcoin isn't just money which you can spend.It's also an investment vehicle for many.So Bitcoin is having several use cases and just one!Meaning speculating is a big part of it.Furthermore you can not expect people who merely have a whole Bitcoin to spend it if they bet on a future increase for instance. If you have hundreds of bitcoins so go ahead and spend them.Spend them all if you want.
I will remind you when price has reached a few k's and tell you how dumb you are!
You have to spend some Bitcoins to keep the wheels spinning. I see more and more merchants complaining they do not get enough Bitcoin business and wants to stop accepting Bitcoin.
We must support these Bitcoin businesses, because they support us. I buy a pint or two at my local pub and I pay for other services with Bitcoin too.
Let Satoshi HODL his coins, that is more important.
We must support these Bitcoin businesses, because they support us. I buy a pint or two at my local pub and I pay for other services with Bitcoin too.
Let Satoshi HODL his coins, that is more important.
Its difficult to spend, there are few shops or bars that accept it. Holding isn't bad for bitcoin price, what is bad for price is selling bitcoins.
Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.
Bad timing to consider spending though. also its no big deal if everyone holds and the price of something is 0.1 instead of 1 BTC. Its infinately divisable for a reason.
I would hodl if I had any BTC.
Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.
disagree, holding isn't bad for bitcoin. period. 
Holding bitcoins provides no benefit to Bitcoin. While buying and selling at least contributes liquidity to the markets, which in turn increases the utility of Bitcoin, simply holding bitcoins contributes nothing at all.
HODLers are nothing more than lurkers and leeches.
HODLers like to fantasize that they are contributing by supporting the price, but we all know that Bitcoin works well regardless of the price of a bitcoin. Supporting the price does nothing for Bitcoin.
Furthermore, a stable price results in increased adoption, but HODLers don't want a stable price, they want an increasing price.
HODLers are anti-Bitcoin.
HODLers like to fantasize that the are promoting Bitcoin by recruiting other HODLers, but (again) simply holding bitcoins does nothing for Bitcoin, so more HODLers only means more lurkers and more leeches.
The truth is that HODLers promoting HODLing are really promoting a pyramid scheme based on Bitcoin. In a pyramid scheme, members recruit more members in order to make money for themselves.
HODLers are basically members of a Bitcoin pyramid scheme.
If you want to contribute to Bitcoin, use Bitcoin and convince other people to use Bitcoin.
HODLers are nothing more than lurkers and leeches.
HODLers like to fantasize that they are contributing by supporting the price, but we all know that Bitcoin works well regardless of the price of a bitcoin. Supporting the price does nothing for Bitcoin.
Furthermore, a stable price results in increased adoption, but HODLers don't want a stable price, they want an increasing price.
HODLers are anti-Bitcoin.
HODLers like to fantasize that the are promoting Bitcoin by recruiting other HODLers, but (again) simply holding bitcoins does nothing for Bitcoin, so more HODLers only means more lurkers and more leeches.
The truth is that HODLers promoting HODLing are really promoting a pyramid scheme based on Bitcoin. In a pyramid scheme, members recruit more members in order to make money for themselves.
HODLers are basically members of a Bitcoin pyramid scheme.
If you want to contribute to Bitcoin, use Bitcoin and convince other people to use Bitcoin.
Did you ever think about the fact that you can hold bitcoins and ALSO spend them? Just go shopping and immediatley refill the amount you spent for your pizza, shirt, drugs or whatever.
by "HOLDing" you help the ecosystem too. you generate with this the basis (market cap - a value) of bitcoin.
but it is clever to use bitcoin too when you hold some because you are pushing your own investment when you use bitcoin.
but it is clever to use bitcoin too when you hold some because you are pushing your own investment when you use bitcoin.
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